What is Premise?
Founded in 2012 and headquartered in San Francisco, California, Premise offers a distinctive alternative to traditional data collection methods. By eschewing time-intensive polls, surveys, or costly direct observation, Premise provides a more agile and efficient approach to gathering field data. Its technology platform is designed to deliver actionable insights, catering to a wide range of industries that rely on accurate and timely information for strategic decision-making. The company's focus on innovation in data acquisition positions it as a key player in the evolving analytics landscape.
How much funding has Premise raised?
Premise has raised a total of $147M across 4 funding rounds:
Series B
$11M
Series C
$50M
Debt
$1M
Series E
$85M
Series B (2014): $11M with participation from Andreessen Horowitz, The Social + Capital Partnership, Harrison Metal Capital, Google Ventures, and Bowery Capital
Series C (2015): $50M led by Social + Capital Partnership and Valor Equity Partners
Debt (2020): $1M supported by PPP
Series E (2021): $85M featuring DRW Holdings, LLC, Westcap Group Inc, Winslow Capital Management LLC, Vista Credit Partners, and NightDragon
Key Investors in Premise
NightDragon
NightDragon is described as a wholly privately funded independent feature film, focusing on dark suspenseful drama. Its involvement in Premise's funding round suggests a potential interest in data-driven narratives or technology that supports content creation, though its primary domain appears to be film production.
Andreessen Horowitz
Andreessen Horowitz, commonly known as a16z, is a prominent venture capital firm that invests in technology companies across various stages. Their participation indicates a strong belief in Premise's technological innovation and market potential within the data and analytics space.
The Social + Capital Partnership
Social Capital is an investment firm dedicated to making significant investments in transformative ideas and innovative technologies. Their backing of Premise aligns with their mission to foster positive impact through strategic capital allocation in forward-thinking companies.
What's next for Premise?
With its recent major strategic investment, Premise is poised for accelerated growth and market penetration. The company's enterprise-level funding history suggests a trajectory towards scaling its operations and enhancing its technological capabilities. Future developments are likely to focus on expanding its data network, refining its analytical tools, and forging new strategic partnerships. This capital will enable Premise to further solidify its competitive advantage in the data and analytics sector, potentially exploring new verticals and enhancing its service offerings to meet the dynamic demands of its clientele.
See full Premise company page
